A look at the economics of breeding, selling and racing thoroughbreds, and at the various players in the racing game, from race track operators to state governments to those of us who are crazy enough to own and/or place a bet on these gorgeous, courageous equine athletes.

Sunday, January 25, 2009

Last Train to Belmont?

In its infinite bureaucratic wisdom, the New York Metropolitan Transportation Authority has decided to eliminate race-day train service to Belmont Park. The service, provided by the Long Island Railroad, has for many years permitted racing fans from Manhattan and Brooklyn to use mass transit and arrive right at the entrance to the Belmont grandstand. In fact, my own initial exposure to racing was via this very train; as a high school student, I'd make the trip from Manhattan and hope the mutuel clerks would ignore the fact that I was only 16 (and looked 14) and let me get my $2 bets down.

It was on the train that I got my first lessons in handicapping, from grizzled veterans of the track who were only too happy to show off their expertise. And the 45-minute trip provided time to explore the mysteries of past performances. It's pretty hard to focus on the Racing Form while you're driving to the track.

But, in an age of declining race track attendance generally, and of ever greater reliance on the automobile, I suppose that the train no longer carries the thousands of fans that I remember from racing's glory days in the 1950s. More likely, it's a few hundred fans a day, maybe even fewer on weekdays. The only day the train service is crowded is Belmont Stakes Day in June -- the one day a year that the MTA now proposes to run the train.

The MTA, admittedly, has a money problem. By law, it's required to have a balanced budget, and its only significant source of revenue, apart from passenger fares and bridge and tunnel tolls, is the New York real estate transfer tax. When the property market was booming, the MTA was flush. Now that housing prices are falling, even in the New York area, and sales volume is diminishing to the vanishing point, that tax doesn't seem like such a friend of mass transit. So, for the coming year, the MTA is proposing an average fare increase of 23% on the subways, buses and commuter trains, higher tolls on the bridges and tunnels connecting Manhattan with the rest of the world, and eliminating what its staff has determined to be "underutilized" services.

In a rational world, of course, this "solution" would be insane. Raising fares by such a huge amount will inevitably reduce transit ridership. That will cause revenue to fall below the MTA's current projections, setting off yet another, self-destructive round of fare increases and service cutbacks. Mass transit, especially in a dense urban area like New York, should be subsidized. It's not just the people who ride the trains and buses who benefit; it's also, and even more, the government agencies and businesses that need a way to get their employees to the workplace. And now that New York racing is, for all practical purposes, a creature of the state, it would make sense for the state to support one of the few services -- the train to Belmont -- that actually has the potential to expand the fan base.

State law requires the MTA to hold a hearing in each of the five New York City boroughs and in each of the suburban counties that it serves, an exercise in masochism on the part of the MTA Board members and executives who sit there being abused for hours. So, in the hope of sounding a note of rationality, and representing the New York Thoroughbred Horsemen's Association -- I've been on the NYTHA Board of Directors since 2002 -- I went to last Wednesday's public hearing, which was in Garden City, just ten minutes down the road from Belmont. Along with NYRA officials Joanne Adams and John Lee, not to mention at least half a dozen elected officials and civic association representatives from the Belmont area, I discovered that the Belmont train issue was far from the top of the agenda.

First, there was the outrageous, and, I trust, entirely cynical MTA proposal to raise Nassau County handicapped access fares by 100%. That brought out maybe 50 people in wheelchairs to register their opposition and, if I'm right about the MTA's reasons for the proposal, provide the MTA with ammunition to make a case in Albany for not abusing the handicapped. Then there was the ticket-sellers union and their labor comrades, protesting plans to eliminate manned ticket booths from virtually all Long Island stations. And, of course, elected officials have to be heard before we citizens get our turn.

So, as 10 pm neared, Joanne, John and I finally each got our three minutes of quasi-fame (if, that is, being on a video on the MTA web site at some unspecified time in the future qualifies as fame). We all made the points that needed to be made, which John did a nice job of summarizing in a press release put out by NYRA yesterday:

at a time when we should be saving energy; it makes no sense to eliminate public transportation to sports events;

eliminating the train to Belmont eliminates the possibility that Manhattanites, few of whom have cars, will ever discover the joys of the race track; and

it's particularly crazy to shut down the train station at Belmont just as civic groups there are moving ahead with plans to develop the area right around the station

Despite the stony silence from the MTA Board members and executives -- who could blame them after four hours of being berated by people in wheelchairs, on respirators and with white canes? -- there is some room for hope. An alternative plan is floating around Albany that would give the MTA revenue from a payroll tax on commuters and that would both avert the draconian service cuts and fare increases and allow the MTA to go ahead with some much-needed capital improvements.

But, as we saw last week with the fiasco over the appointment of a successor to New York Senator Hillary Clinton and with the long-expected indictment of former State Senate majority leader Joe Bruno -- for, among other things, failing to provide "honest services" to the citizens -- going to Albany with a sensible plan is no guarantee of success. I fear that the relatively small matter of the train to Belmont will simply get lost in the furious horse-trading (sic) that passes for a legislative session in New York State's capital.

But, if you'd like to lend a hand in saving this public service, and if you live in New York, here's where you can find the names, numbers and addresses of your state legislators. It can't hurt to let them know you care about this issue, and it might help save the train, and future generations of racing fans. I the meantime, if you're on Facebook, you can join a group that's working on ways to speak truth to those in power on this issue.

3 comments:

Without the train, I have no way to get to Belmont - I certainly never owned a car when I lived in Brooklyn, nor would I drive there from Philly. I wonder if they are at least considering a 'Belmont Stakes Day Special' or something similar. Sigh.

About Me

Steve has managed Castle Village Farm's racing partnerships since 1999, and has been going to the races since the 1950s. He's been active in horsemen's and backstretch welfare organizations and, when he's not at the track, has moonlighted as a tax and trusts and estates lawyer and a law professor.